Armenian Economy Minister Gevorg Papoyan discussed key directions for strengthening Armenia’s economic resilience and promoting further development during a meeting with heads and chargés d’affaires of European Union and EU member state diplomatic missions accredited in Armenia.

Participants stressed the importance of expanding export opportunities for Armenian products and simplifying trade procedures.

Papoyan stated that Armenian products are comparable in quality to goods available on European markets and meet the highest standards, possessing GLOBALG.A.P. and all other required certifications.

“We have achieved significant progress in improving the business environment and raising quality standards. Today, many Armenian companies are ready not only to increase their exports but also to establish long-term partnerships with European buyers,” the minister said.

The discussion also covered the implementation of programs aimed at promoting exports to European Union member states and other countries, as well as existing state support mechanisms.

At the conclusion of the meeting, the minister answered questions from ambassadors and outlined the main directions and priorities of government policy aimed at advancing the sector.

Russia has imposed restrictions on the import of several Armenian products. In particular, imports of Jermuk mineral water, flowers and certain alcoholic beverages from Armenia have been banned. Restrictions have also been applied to a number of agricultural products, including tomatoes, cucumbers, and strawberries. Since June 2, Russia has restricted imports and transit through other Eurasian Economic Union member states of cherries, apricots, peaches, plums, grapes and other stone fruits from Armenia. Since June 3, Russia has also restricted imports of Armenian-origin eggplants, potatoes and dried fruits.